🚨$ONDO /USDT 1D Technical Analysis



🔴 Bears Still in Control!

ONDO trades at $0.2525, down 4.65%, struggling below the BOLL midline. Price remains trapped in a persistent downtrend since the 0.4708 peak.

📉 Key Indicators:
- BOLL(20,2): Price below MB (0.2619) bearish bias intact. LB at 0.2445 is immediate support.
- RSI(6): 40.75 | RSI(12): 43.47 | RSI(24): 41.97 All RSIs converging below 50, confirming weakness with no reversal signal yet.
- Volume: Current vol (478.70K) sharply below MA5 (2.62M) & MA10 (3.54M) dangerously low buyer participation.

⚠️ Why Is ONDO Dropping?
RWA sector cooldown, macro uncertainty, and fading retail momentum post-ATH are crushing ONDO's price structure.

🎯 Key Levels:
- Support:0.2445 → 0.2017
- Resistance: 0.2619 → 0.2793

Reclaim 0.2619 for any bullish hope! 👀

Not financial advice. DYOR! 🚀

#ondo #rwa #CryptoMarketsDipSlightly #USIranTensionsImpactMarkets
ONDO-1,1%
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